Qualifying Days definition

Qualifying Days means, in respect of an Interest Period, the number of calendar days during such Interest Period where (a) the rate (as determined by the Calculation Agent), being equal to the USD 10 Year CMS Rate for such day minus the USD 2 Year CMS Rate for such day, is greater than or equal to the Spread Barrier; and (b) the USD 10 Year CMS Rate for such day is greater than or equal to the Index Lower Barrier and less than or equal to the Index Upper Barrier.
Qualifying Days. (“diwrnodau cymwys”) means days on which the agricultural worker would normally be required to be available for work apart from any days on which the agricultural worker—
Qualifying Days means, in respect of an Interest Period, the number of calendar days during such Interest Period where the rate (as determined by the Calculation Agent), being equal to the USD 10 Year CMS Rate minus the USD 2 Year CMS Rate, is greater than or equal to the Spread Barrier, and the USD 10 Year CMS Rate is less than or equal to the Index Barrier.

Examples of Qualifying Days in a sentence

  • In these situations it is in order, where there is mutual agreement, for other days to be regarded as Qualifying Days for the purpose of this Rule and IB.

  • While the Qualifying Days referred to above shall generally be the same five days as those which form the normal week of guaranteed employment under this Agreement, it is accepted that there might be certain exceptions, e.g. where the particular circumstances of the workplace require continuous six or seven day working.

  • For the purpose of this Rule the Qualifying Days that shall generally apply in the industry are Monday to Friday in each week.

  • That none of the Qualifying Days concerned is a day of annual or public holiday granted in accordance with the provisions of these Terms and Conditions.

  • Privilege Members qualify for the Privilege Executive status when they reach either 10 (ten) Qualifying Rentals or 40 (forty) Qualifying Days over a tier level validity period.


More Definitions of Qualifying Days

Qualifying Days means, in respect of an Interest Period, the number of calendar days during such Interest Period where:
Qualifying Days means, in respect of an Interest Period, the number of calendar days during such Interest Period where the USD 3-Month LIBOR (Reference Index) is less than or equal to the Index Upper Barrier and greater than or equal to the Index Lower Barrier.
Qualifying Days means, in respect of an Interest Period, the number of calendar days during such Interest Period where the rate (as determined by the Calculation Agent), being equal to the USD 3M Libor for such day is less than or equal to the Upper Barrier.
Qualifying Days means the Prequalifying Days, provided that, if the Prequalifying Days is greater than or equal to an amount as determined by the Calculation Agent in accordance with the following formula: Actual Days x 75 per cent the Qualifying Days shall be deemed to be equal to the Actual Days.
Qualifying Days for the purposes of Statutory Sick Pay shall mean the days you would normally work in each week. In the event that you are incapable of attending work by reason of injuries sustained wholly or partly as a result of actionable negligence, nuisance or breach of any statutory duty on the part of any third party, all payments made to you by the Company whether of wages or sick pay shall, to the extent that compensation is recoverable from that third party, constitute loans by the Company to you (notwithstanding that as an interim measure income tax and national insurance contributions have been deducted from payments as if they were emoluments of employment), and shall be repaid when and to the extent that you recover compensation for loss of earnings from that third party by action or otherwise. Failure by you to comply with the Company’s rules from time to time in force relating to sickness, absence or injury may result in disciplinary action being taken against you. 11Expenses You will be reimbursed in respect of all reasonable out of pocket expenses wholly, exclusively and necessarily incurred on the Company business in the proper performance of your duties, subject to you providing such receipts or other evidence as the Company may require. 12Pension, and other benefit arrangements There is no company pension scheme and you are not entitled to any pension benefits as an employee. You are expected to make your own pension arrangements and there is no contracting out certificate. If the Company expand to employ more people a stakeholder pension will be set up however and you will be advised of the details of this. [Note if more than 5 employees the employer must have a stakeholder pension arrangement in place.] 13Notice The period of written notice to be given in writing by you is one week for the first two years of your employment. The period of written notice to be given in writing by the Company is initially also one week. However when you have completed 2 years’ employment the period of notice you will receive and be asked to give rises to 2 weeks and will increase a further week for each subsequent full year of service up to a maximum of 12 weeks. PROVIDED THAT nothing in this clause shall preclude the Company from terminating your employment without notice in appropriate circumstances. The Company reserves the right to pay net salary (i.e. after normal P.A.Y.E deductions) in lieu of notice. 14Company Property In the event of your being issued with pro...
Qualifying Days means, in respect of an Interest Period, the number of calendar days during such Interest Period where the Reference Spread is greater than or equal to the Lower Barrier AND the Reference Rate is greater than or equal to the Lower Barrier but less than or equal to the Upper Barrier.
Qualifying Days for the purposes of Statutory Sick Pay shall mean [days of work e.g.